20 Questions Directors of Not-for-Profit Organizations Should Ask about Fiduciary Duty

Directors of not-for-profit organizations in Canada have a legal duty to act in the best interests of the organization which they serve at all times. In fact, the law requires a director to place the interests of the organization ahead of his/her own. This is known as the fiduciary duty. Successful fulfillment by directors of their fiduciary role is critical both in terms of the wellbeing of the organization, and in order for directors to protect themselves from liability.

20 Questions Directors of Not-for-Profit Organizations Should Ask about Fiduciary Duty was written to help members of not-for-profit boards of directors understand and fulfill their fiduciary duties by summarizing the legal principles and providing leading practices in not-for-profit governance.